Goldman Sachs earnings: What to expect

Goldman Sachs Group Inc. marks the latest of the six largest U.S. banks to report third-quarter profit on Tuesday against mostly reduced Wall Street expectations for the sector and weak stock prices.Earnings: Analysts tracked by FactSet expect Goldman Sachs GS, +1.65% to report earnings of $5.74 a share, down from $8.25 a share in the year-ago quarter.

Estimize, which crowdsources estimates from academics, sell and buy-side analysts, retail investors and more, is expecting EPS of $6.02. Stock movement: Goldman Sachs stock holds the distinction of being the only big U.S. bank with a positive performance in the third quarter, with a slim 0.3% gain. Analyst have been tempering their expectations for Goldman Sachs amid a lackluster deal environment for M&A and initial public offerings.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's what all the major analysts expect from Goldman Sachs' earnings TuesdayThe bank is scheduled to report its third-quarter earnings on Tuesday before the market opens.
Source: CNBC - 🏆 12. / 72 Read more »

Goldman Sachs Reports Earnings Tuesday. What to Expect.The bank's profit in the third quarter is expected to fall by 32%, to $2 billion.
Source: MarketWatch - 🏆 3. / 97 Read more »

Goldman Sachs is set to report third-quarter earnings — here's what Wall Street expectsWhile Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
Source: nbcchicago - 🏆 545. / 51 Read more »

Goldman Sachs is set to report third-quarter earnings — here's what Wall Street expectsWhile Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
Source: CNBC - 🏆 12. / 72 Read more »